Between 1987 and 1989, the Consumer Price Index went from 113.6 to 124.
Cumulatively, prices increased 9.2%, which works out to an average of
4.48% per year. Put differently, a dollar in 1987 bought what
$0.92 buys in 1989.
Common amounts: 1987 dollars in 1989
Amount in 1987
Value in 1989
$1.00
$1.09
$5.00
$5.46
$10.00
$10.92
$20.00
$21.83
$50.00
$54.58
$100
$109
$500
$546
$1,000
$1,092
$5,000
$5,458
$10,000
$10,915
$100,000
$109,155
$1,000,000
$1,091,549
Inflation by spending category, 1987–1989
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1987 spending costs in 1989, by category:
Category
Avg. yearly inflation
$100 in 1987 →
All items (CPI-U)
4.48%
$109
Medical care
7.13%
$115
Food
4.99%
$110
Core (all items less food & energy)
4.47%
$109
Transportation
4.05%
$108
Housing
3.78%
$108
Apparel
3.55%
$107
Energy
3.17%
$106
Not shown because the BLS began these indexes after 1987: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1987 to 1989: $100 is worth $109 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1987-to-1989/
APA: InflationCalculator.com. Inflation from 1987 to 1989. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1987-to-1989/